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Getting a Rise by tarazkp

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· @tarazkp ·
$28.73
Getting a Rise
<div class="text-justify">

You know those mornings when you wake up and your favorite coin has increased in value fifty percent? 

>That'd be nice.

*But, those mornings are rare.*

I was hoping for more before the summer arrived and there is still a chance, but it might not arrive.

>All speculation.

![image.png](https://files.peakd.com/file/peakd-hive/tarazkp/23t76z317yDYu2RSjTinwdhPQADLPDYc1doGYh5uPa1h7puAfv8cS8skmXfHawExaZPtE.png)


## Well....

There are a couple of (near) certainties in regard to this, because there is value in the *anticipation* of the rise, right? We have a goal in mind for the future and when it happens, we get that feeling of success, that dopamine hit of having our expectations met. 

Sure, we might be taking a "calculated" risk, yet a lot of us are likely far less capable and are guessing. This doesn't stop us from *feeling right* when that pump happens, does it? And,  while we know that history tells a different story, we might even dare to dream that it will keep going up even higher. More dopamine at the thought of future dopamine hits.

And at least for a lot of people, there is the social aspect of investing too and while it sucks a bit to talk about the dips, that *satisfaction* of getting it right from time to time tends to increase the discussion. With crypto of course, a spike on a token is often when the entire market is "upwardly mobile", which means there is likely mainstream media attention on it also. 

>Everyone likes a little competition, right?

*At least when winning.*

Investing evokes the same responses in us as a source of entertainment, because it sets up the environment and provides events that trigger our natural responses. It is very much a gamified experience and while we might love the ups, they are only as triggering as they are because of the downs too. If there was too much certainty, we would get bored. If there is too much ambiguity, we feel that we have no control. 

>There needs to be that balance.

And then, unlike most games, there are very real-world ramifications, because the potential for gain and loss impacts directly on our lives. This makes it more stressful than pure entertainment, especially if we get the sense that we *need* the win in order to enjoy our lives. Most people do not perform well under "gotta win" circumstances and I think it is the same for investors. Having skin in the game is good, not being able to lose is bad, because inevitably, there will be loss.

>At least in the short term.

*It isn't loss until it is realized at the time of sale* though, so up until that point, there is still hope for some gains! The game continues on until there is nothing left, with very few people actually *getting out* completely - after all, why would they if they are successful? 

>Success is addictive.

A good run here, a good guess there and suddenly, the feelings of success come flooding in and especially during a bull market, it is very hard to go wrong. The pain comes in the amount of gain missed, not from counting the losses. And this is why it can be so hard when the bear comes out of hibernation to play the game too, because humans are adaptable. 

>But we adapt to good conditions faster than the bad.

Months and months of downward movement depression can be wiped away with a single pump, bringing with it the feeling of hope that this might be the start of the big one, the one that solves our financial problems and makes our lives matter. But then, the next kick comes as the next dip hits and the depression returns. 

>Almost daily.  

While the markets might not be as predictable as we would like them to be, we as humans are pretty easy to read, even though there is variation between each of us. This is why I believe it is important to build an investment mindset, which includes understanding our own conditions, motivations, and how we react to different circumstances, because they affect the decisions we make. It doesn't mean that we make more right decisions, but it can mean that we have a better experience of our decisions and the outcomes we get. 

>It is like training to play a sport.

It is nice to wake up to positive news, but since we know that it is more the exception than the rule, we shouldn't be affected by a downturn either. Having a longer strategy smooths out the volatility and knowing that this is the case, means that we don't have to be reactive to the markets - or react impulsively. We can smooth our emotions, cost averaging our experience by spreading our emotional weighting across time, rather than on narrow points of time, the ups and downs. 

I wonder, if we could average the feelings of our investing experience across time, would it be averagely positive, or negative? What does your intuition tell you?

*Maybe it depends on the morning.*

Taraz
[ Gen1: Hive ]



</div>

Posted Using [LeoFinance Alpha](https://leofinance.io/@tarazkp/getting-a-rise)
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@alteramelia · (edited)
$0.19
Hi! Here we are realising the immense emotional component of this. But seeing it as a game as you put it might be the healthiest thing to do, because we can have the good sense not to risk what we shouldn't and always manage to control the losses and not anything else.
I would like that dream tomorrow to come soon, but in the meantime it is time to accumulate with intelligence to reap the rewards.
I used to say that trading was not a game, that it was something very technical and then my husband one day gave me a lesson in sports statistics including baseball averages and basketball effectiveness, even statistical studies of racehorses and that showed me two things, firstly that it is indeed a game and secondly that sports are highly technical 😅.
I like when you talk about the balance that allows us to live in excitement and safety at the same time, healthy living. It was nice to greet you here.
👍  
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@tarazkp ·
You know how some people cry when they lose at Monopoly? Definitely not cut out for being investors! :D

> and that showed me two things, firstly that it is indeed a game and secondly that sports are highly technical 

And, it is part of what makes it fun, right? Just think about the sports where there are no stats...
👍  
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@alteramelia ·
It is a lot of fun and I am a numbers guy and I think that any sport is a candidate to have its statistics.
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@behiver ·
These morning I am waking up and simply I am glad seeing my crypto assets work for me while I sleep. Watching the price while it is still part of my routine, it simply doesn't excite me as much. That because I've learned to be patient until the bull market truly manifest itself.
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@bozz ·
$0.19
Yes, it is definitely a lot more fun when you are winning than when you are losing.  While I fully think a lot of us realize money doesn't solve all your problems, it sure does make things a lot easier sometimes!  I'm the sort of person who will ride a token all the way down to zero before I would sell it for a loss.  I have that luxury though given I have a decent income.
👍  
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@tarazkp ·
$0.02
>I'm the sort of person who will ride a token all the way down to zero before I would sell it for a loss

"let it ride!" :D
*I do the same.*

>I have that luxury though given I have a decent income.

It is a luxury, but it is also work. Some people choose to do it hard, because they think it is easier not to work. 
👍  , , ,
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@bozz ·
Yeah, I guess sometimes I don't really see it as work.  Today was rough.  I didn't want to get out of bed at all.  I'm becoming more morning adverse the older I get.
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@dbooster ·
$0.19
> I wonder, if we could average the feelings of our investing experience across time, would it be averagely positive, or negative? What does your intuition tell you?

Seems like the average would be negative. We feel the lows worse than the highs, so that would tend to pull down the average. 

> understanding our own conditions, motivations, and how we react to different circumstances, because they affect the decisions we make

This is exactly why I tell everyone they should do meditation everyday. I know of nothing else that helps us understand our own mind better than to be alone with it for 20+ minutes a day.

I know, I know, most people aren't going to do that. I find paper trading is a fairly good option for learning to understand how we react to things. But most investors don't want to take the time to do that either. Oh well. 
👍  
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@tarazkp ·
> Seems like the average would be negative. We feel the lows worse than the highs, so that would tend to pull down the average.

This is my intuition also. Which is interesting, because I reckon that a lot of people are actually better off, but the average feeling would be negative. 

No one has the time for anything! Well, except Netflix, partying, scrolling Tiktok, facebook, instagram....
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@ducecrypto ·
$0.18
Although I have a finance degree, I don't do much technical analysis of the charts of my own anymore. I have 2 main investment strategies that I've been using for the last few years that has been very successful and completely takes the emotion out of the game for me.

1) Trade stocks based on large moves on trackers following US politian accounts. I hang in until the relevant legislation/evenet occurs and sell out to reclaim the initial investment.

2) Trade crypto based on the delta of the 6hr and 24hr coin mentions compared to its 30day moving avg. Buy and hold strategy for only 1 or 2 hours based on it triggering the proper delta ratio and maintaining its tweet action. I'm happy to have these FOMO moonboys be my big data trading exit liquidity.

It is crazy to me that strategy 2 is beating strategy 1 by about 6x, but it does churn thru trades more quickly so I guess more opportunity for profit.

Those higher short term gains taxes are a killer, but still better to have profits taxed than have no profits at all. Getting back to your previous article about taxes... 💀💸
👍  
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@tarazkp ·
> but still better to have profits taxed than have no profits at all.

This is the case that many don't seem to realize. 
*Tax still sucks.*<div><a href="https://engage.hivechain.app">![](https://i.imgur.com/XsrNmcl.png)</a></div>
👍  
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@ducecrypto ·
It took me a few years to get to a spot where I grew accepting of it. 
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@janaveda ·
$0.20
Hi @tarazkp

Yes, we are all waiting for the bull run in the cryptocurrency world. Although, to be cheerful one should have bought at a substantially low price, or at the beginning of an innovative project with a sustainable future.

Here is the problem, my dear Taraz! Sherlock Holmes would say. Well, that is not written in Sir Arthur Conan Doyle's saga. A later expression was created for the dramatization of the big screen, by way of a hook.

In any case, we must be careful with adrenaline and the false illusion of potential gains, usually ephemeral that few enjoy at the expense of health. The stress of the bettor, sorry, the wear and tear of cryptographic traders.

Well, now there are bots that help you with that, more efficient than one, but also, significantly riskier that can bankrupt you.

Buying at the lowest price and selling at the highest possible price is still a science and an art.

Expect the highest price, as long as you bought at the lowest. Of course, having a nose for opportunities is essential, and courage to act at the right time.
👍  
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@tarazkp ·
>Although, to be cheerful one should have bought at a substantially low price, or at the beginning of an innovative project with a sustainable future.

Unfortunately, it isn't exactly *elementary.*

>Well, now there are bots that help you with that, more efficient than one, but also, significantly riskier that can bankrupt you.

Would you feel better having lost your money trading, or having lost your money with a bot trading for you?
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@janaveda ·
Hahaha. I guess, in none of those circumstances. For some strange reason, gambling never caught my attention since I was a kid. Of course, investing is on another level, and to this day, it hasn't been my priority. I try to live simply. 

Perhaps, I was caught in the stoic trap from a very young age.
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@jfang003 ·
$0.18
I always feel a bit of regret not being in that coin pumping but I just follow through on my own plan. Just thinking of things logically, it doesn't make sense for me to FOMO in because I am already late to that trade. Feeding into the FOMO/FUD never feels good when it starts to go against you and taking profits is never wrong.
👍  
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vote details (1)
@tarazkp ·
I agree not to FOMO, but at the same time, it has to be balanced with risk and reward. If there is a 10x possibility, is it worth putting a little in?<div><a href="https://engage.hivechain.app">![](https://i.imgur.com/XsrNmcl.png)</a></div>
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@jfang003 ·
It could be but only with enough that you want to gamble. I don't think it's the right plan for me though.
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@les90 ·
$0.19
Everyone likes the bull market and want to talk about the bull market but no one likes the bearish market, while we all know in business we have both gain and profit than I don't know why everyone loves to talk about gain ??? 🙂
👍  
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vote details (1)
@tarazkp ·
I like the bear markets - it clears out the trash :)
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@relf87 ·
$0.19
Hmm I have a feeling that the average of my feelings are going to be slightly negative. I think it's just me that for the same amount of decrease, e.g. -10%, I feel more negative compared to positive when the reverse of +10% happens. 
👍  
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vote details (1)
@tarazkp ·
I reckon that is likely the case. Loss weighs twice as heavy as gain.<div><a href="https://engage.hivechain.app">![](https://i.imgur.com/XsrNmcl.png)</a></div>
👍  
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vote details (1)
@riz611 · (edited)
$0.19
I don't mind a bit of red, never fazed me much, but man, this week is a bloodbath. Even though my investment in crypto is tiny, it's still managing to bother me, this time around. 😂

On top of that, I don't know why, but all of a sudden I got a feeling, a little thought about Hive, something tells me that the next ATH will be double of what the previous ATH was. Nowadays I'm seeing lot of people talking about WEB3 and Decentralized Social Media. And that is why now I've got REALLY high hopes for Hive haha. 

Even I'm frustrated with the WEB2 space and their antics, I was temporarily banned for 24 hours on the Messenger App. They said I went against some kind of a community standard, but they wouldn't even tell or show me exactly what I did wrong. F*cking Pathetic! I don't care much about the other social media apps, but Messenger is needed for work and family conversations. 

I guess now I know how it feels to be banned for no reason at all, how it feels to be controlled.
👍  
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vote details (1)
@tarazkp ·
$0.03
>Even though my investment in crypto is tiny, it's still managing to bother me, this time around. 😂

What has changed this time? 

>something tells me that the next ATH will be double of what the previous ATH was. 

Are you going to FOMO? :D I have seen some pretty ludicrous predictions by a couple people who aren't known to exaggerate much - it is going to be interesting if it gets halfway there.

>I don't care much about the other social media apps, but Messenger is needed for work and family conversations.

It is interesting how even some schools have made these apps compulsory in many cases. I am not getting my daughter an account so she can do her homework, that's for sure.  

>I guess now I know how it feels it be banned for no reason at all, how it feels to be controlled.

And the more your life and work depends on it, the more control they have. 
👍  
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vote details (1)
@riz611 ·
$0.19
> What has changed this time?

A bit too much red in my portfolio, that's it. 😬

> Are you going to FOMO?

HELL NO! But I have been accumulating slowly, especially when the market is down. I'm still loading up on Hive and SPS, little by little.

> It is interesting how even some schools have made these apps compulsory in many cases

Don't know about Messenger, but Whatsapp is widely used among companies, schools, groups, the list is goes on. And the amount of scams you see on Whatsapp, it's crazy around here. It's better to keep kids away from social media.

> And the more your life and work depends on it, the more control they have.

Yep, that's why I've made a big move to Hive, most of my "social media activity" is now on Hive. Other than that it's mostly Facebook and Messenger for family and work, and memes of course haha.








👍  
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vote details (1)
@ryivhnn ·
$1.06
I don't like competitions x_x 

<sub>I'm dealing with the fact that I have a comp group by deciding that we're just going to rock up to comps to show off and any potential medals are a bonus</sub>

At work everyone else does races and stuff with their groups and there's me pitting my kids against the clock XD

<sub>There's only a couple of "competitive" games that I do because they're hilarious to watch</sub>

My investing experience would be averagely average because I still to this day have exactly no idea what I'm doing.  Hive is still the only thing I pay attention to and I am still only doing the powerup thing because eventually it makes my upvote bigger and that's most of what I care about on that side of things XD

Did stuff go up?
👍  , , , ,
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vote details (5)
@tarazkp ·
>At work everyone else does races and stuff with their groups and there's me pitting my kids against the clock XD

I have heard this can get better results, is it true?<div><a href="https://engage.hivechain.app">![](https://i.imgur.com/XsrNmcl.png)</a></div>
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@ryivhnn ·
Depends on what kind of results you want? XD I don't find it that useful in gymnastics as there's nothing that's really timed (I don't even count the girls' floor routines as timed, I think they need to restrict to 90 seconds but they can usually get everything done within that).  In this particular instance the secondary objective was to get them cheering for each other and that was achieved.
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@urri2020 ·
$0.19
>You know those mornings when you wake up and your favorite coin has increased in value fifty percent?

I remember such days. On such days my love for Hive is at its maximum :) Getting +50% in one day is a great success. Getting several of these pumps a year is a miracle of crypto.
👍  
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vote details (1)
@tarazkp ·
$0.12
Yeah, it is pretty amazing. I should start trading more again :)
👍  , , ,
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vote details (4)
@videoaddiction ·
$0.19
>Dreaming that it will keep going up even higher.

I think this is a trap for an investor as the more it goes up the more we become greedy. Because of this, I am in loss in some of my invesments. I could very well have sold them before.
👍  
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vote details (1)
@tarazkp ·
The greed index is a thing for a reason! :D
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